Global X Funds Launches ETFs Linked to the New NASDAQ 400 and NASDAQ 500 Indexes

NEW YORK, Dec. 6, 2011 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds, today launched two new funds: the Global X NASDAQ 500 ETF (Ticker: QQQV) and the Global X NASDAQ 400 Mid Cap ETF (Ticker: QQQM). These are the first products linked to the new benchmark indexes on The NASDAQ Stock Market® (NASDAQ).

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The Global X NASDAQ 500 ETF (Ticker: QQQV) and the Global X NASDAQ 400 Mid Cap ETF (Ticker: QQQM) track the NASDAQ 500 Index and the NASDAQ 400 Index, respectively. The NASDAQ 500 Index measures the performance of 500 of the largest domestic and international non-financial securities listed on NASDAQ based on market capitalization. The NASDAQ 400 Index measures the performance of the top 400 mid-capitalization domestic and international non-financial securities listed on NASDAQ. Over the past 5+ years, companies in both indexes have demonstrated strong earnings growth and are maturing into profitable companies; earnings growth has been outpacing revenue growth over this time period*. Between November 2001 and November 2011 the financial sector lost -34.21% of its value, and during the same period technology stocks gained 37.82% and industrials 16.85%, based on the longstanding NASDAQ sector indexes, the NASDAQ Computer and NASDAQ Industrial respectively. From January 1 to September 30, 2011, the NASDAQ 500 and 400 indexes outperformed the S&P 500 and 400 indexes by more than 3% with similar volatility*.

"We are pleased to be pairing with NASDAQ OMX, a recognized leader in the development of innovative indices, to bring these products to market," said Bruno del Ama, CEO of Global X Funds. "Both new funds expand the coverage beyond the NASDAQ 100 Index®, providing greater diversification and possibly capturing the next Apple or Google."

"NASDAQ OMX is delighted to license the use of our indexes as benchmarks for the Global X Funds," said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group. "NASDAQ OMX and Global X Funds share a common goal to provide investors with the chance to access some of the world's most innovative companies and these new indexes and ETFs are the latest examples of that commitment."

ABOUT GLOBAL X FUNDS

Global X Funds is a New York-based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $1.4 billion in managed assets and over 100,000 investors from more than 100 countries as of October 28, 2011, Global X Funds currently offers exchange-traded funds that target Europe, Emerging Markets, Commodity Producers, Income Producers and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com

DISCLOSURE

Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Investments in securities in the Technology sector are subject to rapid changes in technology product cycles; rapid product obsolescence; government regulation; and increased competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Technology companies and companies that rely heavily on technology tend to be more volatile than the overall market, and are also heavily dependent on patent and intellectual property rights. Small- and mid-capitalization companies often have greater price volatility, lower trading volume and less liquidity than larger more established companies.

Carefully consider the Global X Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Global X Funds' prospectus, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.

Global X Management Company, LLC serves as the investment adviser to the Global X Funds. The Global X Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.

NASDAQ® is a registered trademark of The NASDAQ OMX Group, Inc. (which with its affiliates and subsidiaries is referred to as "NASDAQ OMX") and is licensed for use by Global X Management Company, LLC.  Neither the Global X NASDAQ 500 ETF nor the Global X NASDAQ 400 Mid Cap ETF has been passed on by NASDAQ OMX as to its legality or suitability.  The Global X NASDAQ 500 ETF and the Global X NASDAQ 400 Mid Cap ETF are not issued, endorsed, sold, or promoted by NASDAQ OMX.  NASDAQ OMX makes no warranties and bears no liability with respect to either the Global X NASDAQ 500 ETF or the Global X NASDAQ 400 Mid Cap ETF.

*Source: NASDAQ

Index data source: NASDAQ.   Index components subject to change.

SOURCE Global X Funds